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If I wanted to buy an apartment in Brooklyn... — Brooklynian

If I wanted to buy an apartment in Brooklyn...

japes317
japes317
edited November -1 in Park Slope
...sometime in the next year or two, where would I start?

Interested in Park Slope, Prospect Heights, Gowanus, Windsor Terrace, South slope/Greenwood....

I honestly have no idea where to begin.

Comments

  • meredithb
    meredithb
    Take a train, walk around, figure where/what you like.
  • booklaw
    booklaw
    Read the listings in the various neighborhoods to get an idea as to how prices vary by neighborhood. You may find that one or more of the neighborhoods are out of your price range.
  • whatchuwant
    whatchuwant
    MLS.com (Multiple Listing Service).
  • MOD
    MOD
    You may want to post this on Brownstoner.com 's forum. You'll get advice form homeowners and also they have listings once a week on the main page.
  • opossumqueen
    opossumqueen
    Watch the sales on various realtor websites and craigslist and go to open houses. That will give you an idea of what you can get in each neighborhood for the $$.

    Also important is what you're looking for: condo/co-op in how big of a building, multifamily, single family, etc. That can help you narrow down where you're looking since not all are abundant in all locations. For example, in PS, the closer you are to the park, the bigger (taller, more floors) the houses are so if you don't want tenants and don't need that much space it will be hard to find what you need there.

    Some real estate sites with listings around here:
    http://www.remax-metro-brooklyn-ny.com/home/default.aspx
    http://www.awayerealty.com/
    http://www.heightsberkeley.com/
    http://www.tbshaw.com/
    http://www.coldwellbanker.com/servlet/SearchProperty
  • wingedearth
    wingedearth
    Are you married or single? Do you have kids or pets? What's your price range? Are you looking for a loft or a brownstone or any nice apartment? How important are shops/eateries to you, and what sort of shops/eateries? Do you prefer the park or a river view? Do you commute? Do you drive?
  • drunken revival
    drunken revival
    The first thing you do is talk to a mortgage broker to find out how much you can spend.
  • vidro3
    vidro3
    Drunken Revival wrote: The first thing you do is talk to a mortgage broker to find out how much you can spend.
    then divide by two in order to determine what you can actually afford.
  • whynot_31
    whynot_31
    ...then decide whether you are brave enough to buy an apt in forclosure
  • bradedward
    bradedward
    ....then find a new broker because the first one will undoubtedly enter false information on your application to the bank.
  • pittiecity
    pittiecity
    Brownstoner is great. And they have really interesting walking tours/house tours posted on occasion.
  • ringrunner
    ringrunner
    Where do you work? What do you want your commute to be like?
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